PTCL Looking To Acquire Telenor For $I Billion.

[Windjammer]

The Pakistan Telecommunication Company Limited (#PTCL) is ready to unleash its non-binding offer to acquire #Telenor #Pakistan, which is a cellular and digital services provider.
The #telecommunication company is eyeing to buy Telenor at a possible price range of $800 million to $1.2 billion.
The PTCL's board of directors, which gave a nod to acquiring majority shares of Telenor, is interested in buying the cellular company with management control.
#Etisalat, the PTCL’s parent company, will give guarantees to raise commercial loans for making this deal done.

 

[Samlee]

Why Is It That From Barclays To Al Tuwairqi To OMV And Now Telenor Every Multinational Wants To Get Out When These Pootwaris Are In Charge???